Atlanticus Holdings Corporation

ATLCNASDAQFinancial Services● Active

$85.04

+$0.94(+1.12%)

Market Cap$1.3B

P/E Ratio—

52W High$93.21

52W Low$45.74

Avg Volume82K

Open$84.22

Beta2.16

Overview

Atlanticus Holdings Corporation (ATLC) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

ATLC · free cash flow · updated Jun 8, 2026

Core FCF metrics

ATLC · FCF · TTM · margin & CAGR

Free cash flow was $632.9M for FY2025 (fiscal year ending 2025-12-31), up 35.4% year-over-year The FCF margin was 89.8%. Five-year CAGR stands at +24.4%.

FY2025 Free Cash Flow$632.9M▲ +35.4% YoY

Trailing 12M (TTM)$790.1Mtrailing 4 quarters sum

FCF Margin89.8%$632.9M ÷ revenue

3-Year CAGR+22.9%FY2022 → FY2025

5-Year CAGR+24.4%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

ATLC · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$638.0M(5M)$632.9M▲ +35.4%89.8%

FY2024$469.4M(2M)$467.6M▲ +2.7%101.8%

FY2023$459.3M(4M)$455.3M▲ +33.4%124.5%

FY2022$346.1M(5M)$341.3M▲ +66.3%91.2%

FY2021$212.4M(7M)$205.3M▼ 3.2%45.2%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

ATLC · P/FCF · FCF yield · FCF per share

Atlanticus Holdings Corporation (ATLC) trades at a FCF yield of 62.15% and a price-to-free-cash-flow ratio of 1.6x. FCF per share stands at $52.24, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

62.15%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$52.24

TTM FCF ÷ Shares Outstanding

Price / FCF

x1.6

Share Price ÷ FCF per Share

EV / FCF (TTM)

x8.6

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

ATLC · cash flow statement · operating / investing / financing

For FY2025, Atlanticus Holdings Corporation generated $638.0M in operating cash flow and spent 5M in capital expenditures, yielding $632.9M in free cash flow.

Operating Activities

+$638.0M

Cash from core business operations

2025-12-31

Investing Activities

−$1.51B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$1.14B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($638.0M) − |CapEx| (5M) = FCF ($632.9M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

ATLC vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Atlanticus Holdings CorporationYOU

ATLC

$632.9M+35.4%89.8%

Berkshire Hathaway Inc.

BRK-B

$25.04B+115.6%6.7%

25%

Berkshire Hathaway Inc.

Mastercard Incorporated

$16.91B+18.2%51.6%

17%

Financial Services · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Atlanticus Holdings Corporation (ATLC) reported free cash flow of $632.9M for FY2025 (fiscal year ending 2025-12-31), up 35.4% year-over-year. The FCF margin was 89.8%.

Based on available data, Atlanticus Holdings Corporation has maintained positive free cash flow for at least 11 fiscal year(s). FCF peaked at $632.9M in FY2025. The 5-year CAGR stands at +24.4%.

Atlanticus Holdings Corporation's FCF yield is 62.15% and price-to-FCF ratio is 1.6x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

ATLC free cash flow · 8 questions

Atlanticus Holdings Corporation free cash flow was $632.9M for FY2025, up 35.4% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $790.1M.

ATLC free cash flowATLC FCFATLC FCF 2025ATLC free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Atlanticus Holdings Corporation · Atlanticus Holdings Corporation SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026